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Fees & Risk

Perpetual Trading Fee Structure

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6MM does not directly charge trading users trading fees or funding fees. User trading fees follow the rules of their partner or white-label platform. 6MM earns service revenue through agreed revenue-sharing arrangements with partners or white-label platforms.

Trading fees are calculated on executed trades. Funding payments follow the contract funding rate and scheduled settlement rules; liquidation-related charges follow the applicable liquidation rules.

This page is the reference for fee categories and settlement. To understand how order-book depth and execution price affect total trading cost, see Trading Costs: Fees & Slippage.

Trading Fees Overview

Trading fees on 6MM are calculated based on:

  • Executed trade value
  • Execution role (Maker or Taker)
  • Trading pair and partner configuration

The unfilled portion of an order incurs no trading fee. If an order is partially filled and then canceled, its executed portion remains subject to the applicable trading fee; cancellation does not reverse that fee.

For an executed quantity, the general calculation is:

executed notional = execution price × executed quantity
trading fee = executed notional × applicable maker or taker fee rate

The applicable rate depends on the trading pair and partner configuration. Confirm the displayed rate before placing an order.

Maker and Taker describe the role of each execution, not the order type. An immediately executed limit order may be charged as Taker; a portion that rests on the order book and is later passively filled follows the applicable Maker rules. Different fills of one order may have different execution roles.

Maker Fees

Maker fees apply when an order adds liquidity to the order book.

Typical maker orders:

  • Limit orders that are not immediately executed
  • Orders resting in the order book

Maker fees are generally lower and may be incentivized to support market depth.

Taker Fees

Taker fees apply when an order removes liquidity from the order book.

Typical taker orders:

  • Market orders
  • Limit orders executed immediately

Taker fees are generally higher due to immediate execution.

Funding Fees

In addition to trading fees, perpetual contracts involve funding payments.

  • Funding fees are exchanged between long and short positions
  • 6MM does not charge funding fees. Funding payments are settled under the contract rules and recorded separately from trading fees. Check the direction, amount and settlement result against the account funding-payment records and linked balance transactions.
  • Funding rates vary by market conditions

Funding payments help keep contract prices aligned with the spot market.

When liquidation occurs:

  • A liquidation fee may be applied
  • Fees are used to cover system risk and market execution costs

Specific liquidation fee rules depend on partner configuration.

Fee Settlement

  • Fees are settled in stablecoins (e.g. USDT)
  • Fees are deducted directly from the Perpetual Account
  • Trading fees are calculated on executed trades; funding payments and liquidation-related charges follow their respective settlement rules.

Fee Transparency

6MM ensures:

  • Fee logic is deterministic and auditable
  • Fee calculations are visible at order execution
  • Partners retain control over final user-facing fee presentation

Beginner Tips

  • Check the execution role and applicable fee rate; placing a limit order does not guarantee Maker fees.
  • Avoid excessive overtrading
  • Consider fees when calculating TP/SL levels
  • Review fee rates before opening large positions

Summary

On 6MM:

  • Fees are execution-based and transparent
  • Maker and taker models support healthy liquidity
  • 6MM does not charge funding fees. Funding payments are settled under the contract rules and recorded separately from trading fees. Check the direction, amount and settlement result against the account funding-payment records and linked balance transactions.

Understanding the fee structure helps users trade more efficiently and sustainably.